Electra Battery Materials Corporation Appoints Seasoned Executive David Stetson to Board of Directors

David Stetson, a seasoned executive with decades of leadership experience in the natural resources sector, has been appointed to the Board of Directors of Electra Battery Materials Corporation. With a proven track record of driving operational improvements, building resilient organizations, and creating value for shareholders, Stetson is expected to bring significant expertise to the Company as it bolsters its financial foundation and deepens its role in North America's critical minerals supply chain.

Key Takeaways:

David Stetson, a seasoned executive with 14 years of experience as CEO of Alpha Metallurgical Resources, has been appointed to Electra's Board of Directors.
During his tenure as CEO, Stetson led the company's market capitalization from $50 million to over $4 billion and eliminated $800 million of debt.
Stetson brings a distinguished track record of driving operational improvements, building resilient organizations, and creating value for shareholders.
He has a Bachelor of Science degree from Murray State University, a juris doctorate from the Brandeis School of Law at the University of Louisville, and a Master of Business Administration degree from the University of Notre Dame.
Stetson's appointment marks a significant step forward for Electra as it strengthens its balance sheet and sharpens its focus on core operations.
The Company has also announced the closing of its bridge financing, with the Lenders purchasing an aggregate principal amount of $2 million of unsecured 90-day 12.00% promissory notes.

Statistics:

Electra's market capitalization increased from $50 million to over $4 billion during Stetson's tenure as CEO of Alpha Metallurgical Resources.
Stetson eliminated $800 million of debt during his tenure as CEO of Alpha Metallurgical Resources.
The Lenders purchased an aggregate principal amount of $2 million of unsecured 90-day 12.00% promissory notes in the bridge financing.

Sources:

"Electra Battery Materials Corporation (“Electra” or the “Company”)" (August 21, 2025 press release)